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Investors may think it’s time to buy the dip – we disagree. Pinterest’s 1Q22 earnings and guidance indicate record performance in 2021 was an anomaly. The company’s current fundamentals cannot justify the expectations, quantified by our DCF model, in its st...
Many investors call Pinterest (NYSE: PINS) a social media platform. But this isn't how the company describes itself. Go to the help center of Pinterest's website and click "What is Pinterest." Once there, you'll see that it says, "Pinterest is a visual discovery engine." Pintere...
Pinterest (NYSE:PINS) acquired the shopping platform for fashion THE YES. No other financial terms of the transaction were disclosed. Source: Press Release For further details see: Pinterest acquires THE YES
Pinterest (NYSE:PINS) has wrapped up its acquisition of The YES, an artificial intelligence-powered fashion shopping platform. Financial terms weren't disclosed. The YES allows users to shop a personalized feed based on factors including brand, style and size. Pinterest expects to sunset the ...
Pinterest, Inc. (NYSE: PINS) - Today, Pinterest is announcing it has completed the acquisition of THE YES, an AI powered shopping platform for fashion that enables users to shop a personalized feed based on the user's active input on brand, style, and size. Pinterest believes that THE Y...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips For a company that’s supposed to be bought out, Twitter (NYSE: TWTR ) stock surely doesn’t trade like that’s the case. In fact, TWTR stock is 26.5% below its deal price. Currently trading be...
A look at the beleaguered Internet advertising sector - still reeling from a warning issued by Snap two weeks ago - has Credit Suisse believing that the market's not yet processed how far estimates need to drop from here through the end of 2023. That comes as the severity and duration of a po...
Facebook parent Meta Platforms (NASDAQ:FB) is poised to change its ticker to "META" later this week, marking its ongoing switch in focus to the metaverse. Meanwhile, as Mark Zuckerberg's social media giant embarks on a new era, it will do so with a change in one of its key leadership position...
Pinterest (NYSE: PINS) shareholders lost ground to the market on Friday, as shares fell 3% by 3 p.m. ET, compared with a 1.5% decline in the S&P 500 . The downtick contributed to a wider decline for the digital media stock, which is down nearly 50% since the start of 2022. ...
Inflation fears are about to turn into growth scares. We need growth to slow in order to bring the rate of inflation down. Focus on what people are doing more so than what they are saying. A slower rate of growth should be expected, but the expansion should continue. For...
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2024-07-31 07:30:08 ET Goldman Sachs analyst issues BUY recommendation for PINS on July 31, 2024 05:21AM ET. The previous analyst recommendation was Buy. PINS was trading at $37.35 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current a...
2024-07-31 00:00:27 ET Image source: The Motley Fool. Pinterest (NYSE: PINS) Q2 2024 Earnings Call Jul 30, 2024 , 4:30 p.m. ET Operator Continue reading For further details see: Pinterest (PINS) Q2 2024 Earnings Call Transcript
Q2 Revenue of $854 million, an increase of 21% Record 522 million global monthly active users, an increase of 12% Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended June 30, 2024. Q2 revenue grew 21% year over year to $854 million. G...